Why You Should Base Asset Allocations on Aftertax Dollars
The Wall Street Journal: Written by William Reichenstein, Powers Professor, on the benefits of calculating asset allocation using an aftertax framework.
Allergan Tight-lipped on Upcoming Major Expansion of Waco Plant
Waco Tribune-Herald: Tom Kelly, Ph.D., professor of economics and director of the Center for Business and Economic Research in Baylor University’s Hankamer School of Business, is featured in this article about his study – an examination of the economic impact of pharmaceutical company Allergan on Central Texas – which was released in January.
Allergan considers Waco plant for big expansion
Waco Tribune-Herald: Tom Kelly, Ph.D., professor of economics and director of the Center for Business and Economic Research in Baylor University’s Hankamer School of Business, is featured in this article about his recent study – an examination of the economic impact of pharmaceutical company Allergan on Central Texas.
Bilingual Education: The Cost of Doing Nothing
Public Radio International: Audio included: Van Pham, Ph.D., associate professor of economics in Baylor’s Hankamer School of Business, is featured in this report about the costs associated with immigrant students learning English who, at the same time, are trying to learn other subjects – such as math and science – which are being taught in English. “In the labor market, there’s the ‘discouraged worker’ that leaves the labor force because they can’t find work. I think the phenomenon is similar here: these immigrants who are trying to learn the language on top of subject matter — it could get very hard. At some point, they don’t see the point, and they’re going to drop out,” Pham said.
Are 'Weekly Fantasy' Contests like FanDuel Games of Skill, or Gambling?
WOAI-AM: Earl Grinols, Ph.D., Distinguished Professor of Economics in Baylor’s Hankamer School of Business, is featured in this online article focused on the emerging debate over fantasy football – game of skill or gambling? Grinols, an internationally recognized expert on the economics of gambling, argues that fantasy football leagues like Draft Kings and Fan Duel are examples of gambling. He contends that any comparison of fantasy football to investing in the stock market is off the mark. "In the stock market, every player can have a positive expected return," Grinols said. "None of that applies to gambling."
Hankamer School of Business Finds New, State-of-the-Art Home
KWBU-FM: AUDIO: The new $100 million Paul L. Foster Campus for Business and Innovation is the new home of Baylor’s Hankamer School of Business. Media representatives were given a tour this week of the 275,000-square-foot building, which has an atrium, classrooms with the latest technology, collaborative study rooms and more than 250 office spaces. Interviewed for the story were Terry Maness, D.B.A., dean of Hankamer School of Business, and MBA student Kevin Mitchell.
Summer Reading Fair Puts Books in Hands of Students
The Waco Tribune-Herald: Article about an extension of a summer-long program linking Waco ISD’s free summer meals program with reading mentorships quotes Linda English, Ph.D., clinical assistant professor of economics in Baylor’s Hankamer School of Business, who leads the Book Nook summer reading program. English said children who need the summer meals program are the most vulnerable to the “summer slide,” a loss of the principles and education learned over the school year. “This is a major factor accounting for gaps in test scores among social classes... We’re trying to give them a better chance.”
After Mars Hill, Will the Multisite Church Movement Grow Up?
Christianity Today: Charles North, Ph.D., associate professor of economics in Baylor’s Hankamer School of Business, is quoted in this in-depth article addressing the positives and negatives, risks and rewards, of the multisite church movement. North likened the fall of Mars Hill (a multisite church in Sammamish, Washington) to a successful startup business that endures a leadership succession, with the pastor as CEO. “The pastor is the face of that church,” North said. “How do you get a successor who is going to fill that role?”
The Challenges of Free Trade Across the Atlantic
Joe McKinney, Ben H. Williams Professor of International Economics and associate director of the McBride Center for International Business, is an expert in international trade policy. He has testified before the Trade Subcommittee of the U.S. House of Representatives’ Ways and Means Committee, the U.S. International Trade Commission on the economic effects of the North American Free Trade Agreement (NAFTA), and the U.S. Trade Deficit Review Commission concerning the implications of persistent trade deficits.
Familiarity and Race
BizEd: Article about a National Bureau of Economic Research study co-authored by James West, Ph.D., W.H. Smith Professor of Economics in Baylor’s Hankamer School of Business, which shows that increased contact between majority and minority groups leads to improved attitudes and behaviors. The research analyzed the roommate choices of cadets at the U.S. Air Force Academy. Specifically, researchers looked at what happened when white cadets were assigned black roommates.